Superior Gold Inc. (CVE:SGI – Get Score) dropped 10.8% throughout mid-day buying and selling on Wednesday . The corporate traded as little as C$0.57 and final traded at C$0.58. Roughly 162,469 shares have been traded throughout mid-day buying and selling, a decline of 11% from the typical each day quantity of 181,699 shares. The inventory had beforehand closed at C$0.65.
Wall Road Analyst Weigh In
SGI has been the subject of quite a lot of current analysis stories. Stifel Nicolaus upgraded shares of Superior Gold from a “maintain” score to a “purchase” score in a report on Monday, June sixth. Cormark lowered their worth goal on shares of Superior Gold from C$1.00 to C$0.90 in a report on Thursday. Lastly, BMO Capital Markets lowered their worth goal on shares of Superior Gold from C$2.00 to C$1.25 in a report on Thursday.
Superior Gold Inventory Efficiency
The inventory’s 50-day transferring common worth is C$0.71 and its 200-day transferring common worth is C$0.82. The corporate has a market cap of C$63.98 million and a P/E ratio of 6.50. The corporate has a debt-to-equity ratio of twenty-two.94, a present ratio of 1.46 and a fast ratio of 0.94.
Superior Gold (CVE:SGI – Get Score) final introduced its earnings outcomes on Wednesday, Could twenty fifth. The corporate reported C$0.01 earnings per share (EPS) for the quarter. The enterprise had income of C$38.30 million through the quarter. Equities analysts anticipate that Superior Gold Inc. will put up 0.15 EPS for the present 12 months.
Superior Gold Firm Profile
(Get Score)
Superior Gold Inc engages within the acquisition, exploration, improvement, and operation of gold useful resource properties. Its principal asset is the Plutonic gold mine masking an space of 759 sq. kilometers (km²) positioned to the northeast of Perth, Western Australia; and holds a 80% curiosity within the Hermes open pit mission that covers an space of roughly 217 km² positioned to the southwest of the Plutonic gold mine.
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